Francis was born in 1181 or 1182 as the son of a rich Italian cloth merchant, according to the Vatican website.

CNN: STORY HIGHLIGHTS

Francis of Assisi was born in 1181 or 1182 the son of a rich Italian cloth merchant, according to the Vatican website.

CNN: New pope, Jorge Bergogolio, adopts the name Francis

Now they are increasing their focus on technology consumers can use to make purchases by simply entering a password or other easy-to-remember information on an e-commerce website, or by tapping a smartphone against a merchant payment terminal instead of swiping a physical card.

WSJ: Card Networks Take on Plastic With Mobile Platforms

To make a purchase on a website, a MasterPass user would enter a password on the checkout page of a merchant who has installed the service as a payment option instead of typing in their card number, security code and other information that experts say slows down e-commerce transactions.

WSJ: Card Networks Take on Plastic With Mobile Platforms